1243 Gwynedd DrMiddletownDE19709
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Middletown at 1243 Gwynedd Dr, Middletown, DE, 19709 at $539,999 posts ROI 24.31% with $629/mo cash flow from $3,908/mo rent. Total monthly income equals $3,908/mo, and annual cash flow records $7,542/yr on $177,660 to close. Return on cash invested measures 24.31% and rental yield reads 8.68% at the current $539,999. Equity gained on principal adds $3,485/yr, and 5% annual appreciation supports $149,192 by year five. Five-year ROI prints 126.24% and total cumulative return in cash totals $224,282.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,908/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2023
8,276 sqft lot
$N/A/sqft
$155 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 19709, Middletown, DE area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,449 (100%) |
| Owner Occupied HU | 17,725 (86.7%) |
| Renter Occupied HU | 2,165 (10.6%) |
| Vacant Housing Units | 559 ( 2.7%) |
| Median Home Value | $459,211 |
| Average Home Value | $489,425 |
Housing Distribution
Address Breakdown
Residential
19,957
Single Family
19,720
Multi-Family
237
Businesses
1,085
Price History
Date | Event | Price |
|---|---|---|
| 2024-11-24 | Price change | $539,999 |
| 2024-11-01 | Listed for sale | $549,999 |
| 2024-07-04 | Listing removed | N/A |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-01-28 | $2804.12 | 1618.00% | $89,700 | 1592.45% |
| 2023-01-28 | $163.22 | 0.17% | $5,300 | N/A |
| 2022-01-28 | $162.95 | 2.24% | $5,300 | N/A |
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2023
- Architectural Style: Colonial
- Building Area: N/A
- Living Area: N/A
- Property Condition: N/A
Features & Amenities
- Heating: 90% Forced Air, Natural Gas
- Cooling: Central A/C, Natural Gas
- Flooring: Ceramic Tile, Carpet, Luxury Vinyl Plank
- Interior Features: Entry Level Bedroom, Open Floorplan, Kitchen Island, Kitchen - Gourmet, Pantry, Primary Bath(s), Recessed Lighting, Walk-In Closet(s), Upgraded Countertops, 9'+ Ceilings, Dry Wall, Tray Ceiling(s)
- Exterior Features: Sidewalks, Street Lights
- Parking Features: Garage Faces Front, Garage Door Opener, Inside Entrance, Paved Driveway, Attached Garage, Driveway
Location
- City: Middletown
- State: DE
- Subdivision: Preserve At Deep Crk
- Lot Size: 8,276 sqft
- Lot Features: N/A
- View: Trees/Woods
HOA & Fees
- HOA Fee: $155 monthly
- Association Fee: $155 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Cable Connected, Natural Gas Available, Underground Utilities
- Sewer: Public Sewer
- Water Source: Public
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
What's Special
Attic
Listed by: Rakan Abu-zahra • Keller Williams Realty Wilmington
Mls Name: Bright MLS
Mls Provider:
Mls ID: #DENC2070688
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